Despite a pickup in federal stimulus projects, construction's unemployment rate grew worse in September, rising to 17.1%, from 16.5% in August, as the industry lost another 64,000 jobs, the Bureau of Labor Statistics reported. Construction's September jobless rate also was well above the year-earlier mark of 9.9%. Construction's rate remains the highest among U.S. industries. In its latest monthly report, issued Oct. 2, BLS noted that construction has shed a total of 1.5 million jobs since the recession began in December 2007. Of September's 64,000 construction jobs lost, 39,000 were in the non-residential sector and 12,000 in heavy construction, BLS
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.